Aerospace & Defence – Weapons & Vehicles

Some of the factors that are projected to impact the aerospace & defence industry include new competitors, volatile fuel prices, and rising operational cost. However, the commercial aviation industry is projected to experience significant investments in infrastructure development and vehicle upgrades. The rising use off unmanned vehicles such as drones and helicopters are expected to gain wide prominence in the defence industry. The need to control cost and obtain defence contract is critical for weapon & defence vehicle manufacturers. The rising procurement of unmanned aerial systems and fighter aircraft in military programs are projected to foster growth.